$5,570

Avg. Federal Grant

$3,158

Avg. Federal Loan

$94,266

Total Aid Awarded

Interactive College of Technology Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

73%

Total Aid Amount Average Total Aid Awarded per year.

$94.266K

Financial Aid Official Website

www.ict.edu/financial-aid

Notably, 91% of the students at Interactive College of Technology get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $103,776. The total percentage of candidates applying to Interactive College of Technology who receive the Federal Grant is 86%. On the other hand, 86% of the candidates get the Student Grant, while 86% receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,391. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. Every year, around 73% of the applicants to Interactive College of Technology opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

100%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

100%

Average Aid Awarded

Federal Grant Aid

$5,570

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$4,070

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,570

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Interactive College of Technology

Average Loan Amount Average Loan Amount received per year.

$3,158/Year

Students Taking Out Loans

83%

Loan Default Rate

7.8%

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